Genesis Block: 26 September 2018

SINOVATE (SIN) is an open-source state of the art Peer-to-Peer (P2P) digital cryptocurrency dedicated to developing cutting edge blockchain products, services, and solutions.
SINOVATE seeks to implement innovative blockchain technologies into all areas of the modern economy and is continuously researching new applications for private and corporate use.

Some of the innovations include the X25X algorithm, Infinity Nodes, Incorruptible Data Storage (I.D.S.), InfiniteChain, Deterministic(on-chain) Infinity Nodes, Revolving Sovereignty Votes (RSV), and SINOVATE Document Verification (SDV).

The SINOVATE team is committed to transparency and acknowledges that the blockchain industry is still in its infancy. As such, several obstacles must be addressed, and to overcome these, SINOVATE has assembled an experienced and talented team that is ready for the challenge.

Since its inception in late 2018, the SINOVATE project has strived to deliver innovative solutions in the blockchain space. This involves respecting and sometimes taking on board opinions from the members for the overall benefit of the community. A genuinely democratic decision-making solution ultimately addresses the community as the most critical aspect of the project.
SINOVATE has a different perspective on how blockchain technology can be utilized to improve the lives of private and corporate parties. Highly concentrated community building and management, custom code development, and innovations are some of the things that differ SINOVATE from others. SINOVATE is committed to transparency, accountability, and honesty as they strive to solve existing problems within the blockchain technology space.

Building and improving upon trusted and proven aspects of blockchain, the SINOVATE team is aware of future challenges. Blockchain technology is still considered by many to be in its early stages of development. Economists are familiar with the space forecast that blockchain will revolutionize nearly every modern industry and impact the daily lives of people on a global scale. The implications are far-reaching and extend beyond the traditional use of cryptocurrency as a store of value.

SINOVATE is a technically sound decentralized open-source network that is formed by a combination of pre-existing and innovative blockchain technologies. This combination has been explicitly tailored to overcome the challenges of scalability, security, and ingenuity. SINOVATE is ready to adapt, evolve, and sustain its relevance in a continually changing environment.
Therefore, our mission is to launch SINOVATE innovations in combination with a user-friendly platform to fully integrate into the user’s day to day life. As succinctly put by the slogan; create, build, and innovate.